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GOOD NEWS FOR FLIPPERS!

Wednesday, December 19, 2012   /   by Todd Franz

GOOD NEWS FOR FLIPPERS!

Whether you are a professional real estate investor or a mom and pops flipper, there is good news for you guys!  


"Rehabbers and real estate investors rejoice: You'll still be able to sell houses to first-time buyers using low-down payment Federal Housing Administration-insured mortgages next year, even if you've owned the fixed-up property for less than 90 days."


IF PRICE JUMP IS MORE THAN 20%...THERE ARE SOME RULES YOU NEED TO KNOW.


CLICK LINK TO READ THE FULL ARTICLE.  


http://newsok.com/article/3737616


 


Thanks and have a great Christmas Holiday!!  


Todd Franz

Elite Real Estate & Dev.
Todd Franz
1701 Signal Ridge Dr Suite 140
Edmond, OK 73013
405-285-0292
405-503-1580

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